Bob Lang has been a private trader in equity and option markets for several years and manages separate accounts via Aztec Capital LLC. He has managed a $300 million pension and 401(k) plan for a Southern California cooperative. In early 2000, Lang started a hedge fund for private and institutional clients. This fund, Aztec Partners, was a top-performing fund that year relative to its peer group. In 2002, Lang worked with floor traders in the active bond-trading group of Countrywide Capital Markets. In May 2011, Lang launched an options trading service called Explosive Options.
If this stock breaks through resistance, we could see a powerful run towards the $200 area.
Altria is showing an inverse head-and-shoulders in the charts.
We are keeping an eye on the outcome of today's Fed minutes release and considering our position in OLED ahead of earnings.
A modest pullback on lower volume and now the stock is ready to rip higher.
Price action is the chief indicator, THE most primary of them all.
Another melt-up week for the stock market was a positive for the long positions in the Trifecta portfolio.
SNY, RYN, I, SIG and K all recently were downgraded by TheStreet's Quant Ratings.
Amazon and to a lesser extent Alphabet are beneficiaries.
Investors should keep a close eye on Apple and Disney, both of which are poised to make major product announcements over the next two months.
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